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New Apple Phone To Feature Mobile Wallet

The next Apple phone could feature a mobile wallet which allows easier and seamless transactions on the go.

According to sources from Bloomberg, the next iPhone (which could be unveiled at the Sept 9 event) is set to include a mobile wallet which allows you to store money and use for online transactions be it in the App
or iTunes.

The California based company is said to be in partnership with card companies like Visa, MasterCard, and American Express and will include a NFC chip and the Touch ID fingerprint scanner for secure transactions.

If launched,it would be another case of rivalry as Google launched its own wallet service which debuted in 2011.


SOURCE:  TECHLOY

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